Trump sold $2.4B in stock before announcing tariffs—now tanking the market to buy low and profit at everyone’s expense.

Question

He sold $2.4B in stock before announcing tariffs—now tanking the market to buy low and profit at everyone’s expense.

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Let’s be clear. He sold $2.4 billion of his stock the day before he announced tariffs. He’s now crashing the stock market deliberately. He will then buy stock when it’s fallen through the floor. All this is is him stiffing everyone to get richer. That’s it.

Answer 1

The claim that Trump sold $2.4 billion in stock the day before he announced tariffs, intentionally causing the stock market to crash so he could profit seems to have no factual basis. For back round insider trading is illegal, as well more U.S presidents tend to place there assets in a blind trust, while Trump did not do this he also does not manage his assets. The claim being stated is originated from social media specifically Emma Kennedy, it does not have any financial documentation or cite anything official. There is no credible evidence that supports or any reports that prove trump selling any stock around that time. Both websites like Snopes and Forbes have not verified and Trumps stocks have never been anywhere close to 2.4 billion dollars. There is no evidence to support the claim and no schedule 13D that was filed that would've been required. The only counter evidence would be that Trumps official financial disclosures from 2020 do not list significant holdings in public stocks. The final verdict is that this claim is false.

Sources:

https://extapps2.oge.gov/201/Presiden.nsf/PAS+Index/181BAF52E298FD70852585B70027E054/$FILE/Trump,%20Donald%20J.%202020Annual%20278.pdf

https://www.sec.gov/submit-filings

https://www.forbes.com/sites/danalexander/article/the-definitive-networth-of-donaldtrump/

https://www.snopes.com/collections/trump-tariffs-rumors/